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Friday, December 20, 2013

Cathay Pacific Is First Asian Boeing 777X Operator

Woodrow Bellamy III 

Cathay Pacific is the first Asian airline to order Boeing’s 777X with a $7 billion order for 21 777-9X aircraft. 

The airline placed the 777X order as part of its future long-haul fleet strategy. Boeing launched the 777X program at the Dubai Airshow with a record 259 orders worth $95 billion at current list prices. 

John Slosar, chief executive at Cathay Pacific Airways, said the 777-9X fits with their fleet expansion because its improved payload range capability and reduced operating costs compared to the current 777s within its fleet, including the 777-300ER. 

The $377 million 777-9X has a range of more than 8,200 nautical miles, powered by GE9X engines with capacity for 400 passengers. According to Boeing, the 777X series’ composite wings, new engines and advanced technologies lead to a 20 percent reduction in fuel burn over today's model . 

"We think it will be an ideal fit for long-haul destinations in North America and Europe, in particular those routes where we carry high volumes of passengers and cargo each day. Cathay Pacific is committed to modernizing its fleet to provide a superior experience to passengers," said Slosar.

The Hong Kong-based carrier is also expecting the delivery of 12 Boeing 777-300ERs beginning in 2014, and will add 50 of this aircraft type to its fleet by 2020.

Deliveries of the 777-9X to Cathay Pacific are scheduled to begin in 2021.

 

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